The number of new technologies gushing out of startup companies and research laboratories are lapping at the shores of the consumer marketplace at a rate that is unprecedented in human history.
In another historic first, these innovations are coming from every field — computer, medical, logistical, etc. Previous eras have seen jumps in technologies in certain fields, for example, agriculture, or metallurgy, but not simultaneously.
This rush of innovation will destroy some current technologies and business models, it may collaborate with, or even extend others. Interestingly, we may see some of these new technologies disrupting each other. It’s a natural extension of the law of technological acceleration.
As a consumer or an investor, there are two trends that you should watch:
By now, you’ve seen or heard about Amazon’s investment in drone technology. The unveiling on CBS’s 60 Minutes was an internet sensation, spreading the news virally about a fleet of aircraft delivering packages to your home, or, for the dystopians, a fleet of craft that will hunt us down and kill us.